NYSE:RBA - Ritchie Bros. Auctioneers Stock Price, Forecast & News

Ritchie Bros. Auctioneers trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBA."

Ritchie Bros. Auctioneers declared a quarterly dividend on Tuesday, January 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.20 per share on Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Thursday, February 13th. View Ritchie Bros. Auctioneers' Dividend History.

Ritchie Bros. Auctioneers Inc (NYSE:RBA) issued its quarterly earnings data on Thursday, November, 7th. The business services provider reported $0.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.01. The business services provider had revenue of $289.80 million for the quarter, compared to analysts' expectations of $289.55 million. Ritchie Bros. Auctioneers had a net margin of 9.90% and a return on equity of 15.88%. The firm's revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.18 earnings per share. View Ritchie Bros. Auctioneers' Earnings History.

Ritchie Bros. Auctioneers is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Ritchie Bros. Auctioneers.

9 analysts have issued twelve-month target prices for Ritchie Bros. Auctioneers' shares. Their forecasts range from $31.00 to $43.50. On average, they anticipate Ritchie Bros. Auctioneers' share price to reach $37.00 in the next twelve months. This suggests that the stock has a possible downside of 8.6%. View Analyst Price Targets for Ritchie Bros. Auctioneers.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ritchie Bros. Auctioneers in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ritchie Bros. Auctioneers.

Media coverage about RBA stock has trended extremely negative recently, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ritchie Bros. Auctioneers earned a media sentiment score of -4.2 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Ritchie Bros. Auctioneers.

Ritchie Bros. Auctioneers saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 770,700 shares, an increase of 58.4% from the January 30th total of 486,500 shares. Based on an average daily volume of 385,800 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.7% of the company's stock are short sold. View Ritchie Bros. Auctioneers' Current Options Chain.

Some companies that are related to Ritchie Bros. Auctioneers include Trip.com Group (TCOM), Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT), Zillow Group (ZG), Fair Isaac (FICO), Zillow Group (Z), The Western Union (WU), WEX (WEX), Nielsen (NLSN), Etsy (ETSY), CDK Global (CDK), Healthequity (HQY) and GrubHub (GRUB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ritchie Bros. Auctioneers investors own include Ship Finance International (SFL), Verizon Communications (VZ), Gilead Sciences (GILD), Xilinx (XLNX), Home Depot (HD), NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Target (TGT) and UnitedHealth Group (UNH).

Ritchie Bros. Auctioneers' stock is owned by many different of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (9.82%), Baillie Gifford & Co. (9.50%), Janus Henderson Group PLC (5.65%), ArrowMark Colorado Holdings LLC (3.59%), Eagle Asset Management Inc. (3.40%) and William Blair Investment Management LLC (3.33%). Company insiders that own Ritchie Bros. Auctioneers stock include Darren Jeffrey Watt, Edward Baltazar Pitoniak, Karl William Werner, Kieran Colquhoun Holm and Todd Donald Wohler. View Institutional Ownership Trends for Ritchie Bros. Auctioneers.

RBA stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Champlain Investment Partners LLC, Mondrian Investment Partners LTD, Fiera Capital Corp, Royce & Associates LP, Riverbridge Partners LLC, Baillie Gifford & Co. and Marshall Wace LLP. Company insiders that have sold Ritchie Bros. Auctioneers company stock in the last year include Darren Jeffrey Watt and Todd Donald Wohler. View Insider Buying and Selling for Ritchie Bros. Auctioneers.

RBA stock was purchased by a variety of institutional investors in the last quarter, including Man Group plc, Renaissance Technologies LLC, Bank of Montreal Can, Acadian Asset Management LLC, Standard Life Aberdeen plc, Goldman Sachs Group Inc., William Blair Investment Management LLC and Spark Investment Management LLC. View Insider Buying and Selling for Ritchie Bros. Auctioneers.

Shares of RBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RBA stock can currently be purchased for approximately $40.46.

Ritchie Bros. Auctioneers has a market capitalization of $4.42 billion and generates $1.17 billion in revenue each year. The business services provider earns $121.48 million in net income (profit) each year or $1.08 on an earnings per share basis. Ritchie Bros. Auctioneers employs 2,200 workers across the globe.View Additional Information About Ritchie Bros. Auctioneers.

The official website for Ritchie Bros. Auctioneers is http://www.rbauction.com/.

Ritchie Bros. Auctioneers' mailing address is 9500 GLENLYON PARKWAY, BURNABY A1, V5J 0C6. The business services provider can be reached via phone at 778-331-5500 or via email at [email protected]